The economy of Uzbekistan is projected to expand by 7.9% in 2026, according to the latest forecasts from the World Bank. This growth rate is expected to position the country as one of the fastest-growing economies in Central Asia, contrasting with a broader regional growth projection of 5.8% for that year.

According to the organization's assessment, this economic momentum is supported by robust domestic demand, rising real wages, a favorable labor market environment, remittances from migrant workers, an influx of tourists, and substantial public investments. At the same time, persistent pressure from rising energy prices remains a notable risk factor for the macroeconomic stability of the country.

The World Bank report also examines the potential impact of artificial intelligence on labor productivity and employment. Data indicates that roughly one in five workers in the region performs tasks that could be significantly altered by AI adoption. However, fewer than 10% of regional companies currently utilize these technologies, mostly for basic functions. Obstacles such as a lack of advanced digital skills, data fragmentation, and a shortage of computing capacity reportedly hinder broader integration.

Furthermore, the organization previously reported a dramatic shift in household demographics, claiming that the proportion of Uzbekistan's population classified as middle class supposedly surged from 37% to over 72% between 2021 and 2025.

Source: podrobno.uz